Senate approves annual withdrawal of 2trln tenge from National Fund

The upper chamber of the Kazakh Parliament (Senate) has approved the Law “On Guaranteed Transfer from the National Fund for 2025-2027” adopted by the Majilis, Kazinform News Agency reports.

The guaranteed transfer from the National Fund to the republican budget for 2025-2027 has been approved to the amount of 2 trillion tenge in 2025, 2026 and 2027.

The cut-off price for oil was approved at $42.3 per barrel in 2025, $41.0 per barrel in 2026, and $39.4 per barrel in 2027.